Corporate Currency Transaction Reporting (CTR) Specialist - Missoula, MT

  • Glacier Bank
  • Missoula, MT, USA
  • Sep 01, 2022
Full time Analysis Banking Software

Job Description

About The Role

This individual will work with the Corporate BSA Department to mitigate risk by reviewing Currency Transaction Reporting files and identifying and correcting deficiencies. Identified deficiencies must be resolved timely to ensure currency transaction reports can be filed with FinCEN accurately and completely prior to the regulatory deadline. Partners and communicates with the Corporate BSA Supervisor(s), BSA Bank Division Staff, and occasionally front-line Tellers and their Supervisors. This individual has a thorough understanding of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business. This role has a basic understanding of the business line’s operations, products/services, systems and associated risks/controls. This role is involved with CTR reporting, testing/monitoring, exception/resolution activities, and providing guidance and/or training to division level CTR staff.

 

This is a Corporate position which may be located at an available bank division location across our eight state footprint in AZ, CO, ID, MT, NV, UT, WA, or WY. The midpoint for this position is $17.97+ /hour (calculated for Kalispell, MT)

 

Duties and Responsibilities

Description

% of Time Spent

·    Responsible for daily Reviews and Filing of CTR Reports as submitted by all bank divisions. Communicates with division BSA Coordinators and front-line division staff as needed to clarify content on the CTR forms. Seeks guidance from BSA CTR Supervisor as needed with escalated questions. Reports Suspicious Activities in adherence with the company’s BSA Suspicious Activity Reporting Procedures and Job Aid when suspicious activity is detected. Provides guidance and/or training to division level CTR staff. Reviews and submits CTR Exemption documentation for initial exemptions and performs annual reviews on existing exemptions, working with the Division BSA coordinators. Maintains the CTR Exemption Tracking documentation and spreadsheet. Verifies monetary instruments in Vertex daily to ensure all entries are entered correctly with all regulatory required information and reviews for suspicious activity.

80%

·    Attend training and BSA Team Meetings.

10%

·    Responsible for process improvements, documentation, and acquisition/merger/conversion activities in support of BSA/AML laws and regulations.

5%

·    Participate in all internal and external BSA/AML enterprise-wide audits and examinations, while ensuring no violations of law or repeat findings from previous audits or examinations occur.

5%

·    Must comply with all company policies and procedures and all applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must complete the assigned online training courses and achieve a passing score by due date.

 


About You

Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

Experience

Required/Preferred

Experience Level

Description

Required

1 year

A minimum of one year experience working with, reviewing and/or filing CTRs

Required

 

2-5 years previous banking experience including but not limited to running teller transactions, customer service, new accounts, and/or operational duties

Required

Knowledge Of

Thorough understanding of Federal Currency Transaction regulations, specifically federal regulation 1010.310 through 1010.314

Required

Knowledge Of

Prior experience using CTR related applications, preferably JackHenry systems such as the following: SilverLake Xperience or Browser, Vertex, 4|Sight, and Synergy

Would an equivalent combination of relevant education and work experience be considered?:  Yes

License/Certification

Required/Preferred

License/Certification

Description

Preferred

Other Relevant Certification

CBAP - Certified Bank Secrecy Act/Anti-Money Laundering Professional

Required Skills and Abilities

·    Courtesy and tact are essential elements of the job. Work involves personal contact with customers and others inside and outside the organization, generally regarding fairly routine matters for the purposes of giving and obtaining information or instructions, updating or referring. Communications require shorter and not in-depth discussions most of the time.

·    Professional verbal and written communication skills.

·    Able to handle sensitive and confidential information.

·    Demonstrated effective interpersonal relationships and teamwork.

·    Keen attention to detail.

·    Highly self motivated and directed.

·    Ability to work effectively under pressure and time constraints

·    Proficiency in Outlook Word, Excel, Email and Calendaring.

·    Regular and predictable attendance in order to accomplish, among other things, in-person contact with customers.